Taking everything into account, WERN scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, WERN is only an average performer.
Although WERN has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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29.71
We found 2 important support areas.
- A support zone ranging from 31.07 to 31.56. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 30.01 to 30.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for WERN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WERN is up. |
| ChartMill Relative Strength | 63.42 | NEUTRAL | WERN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WERN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WERN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WERN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.18 | OVERBOUGHT | The high RSI value suggests WERN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests WERN has a positive trend. |
| Stochastics (14,3) | 87.59 | OVERBOUGHT | The high Stochastics value suggests WERN may be overbought. |
| Average True Range in percent/ATR (20) | 2.59 | MEDIUM VOLATILITY | The ATR as a percentage value for WERN suggests some volalility. |
| Average Directional Index/ADX (14) | 40.71 | POSITIVE | The high ADX value value for WERN suggests a strong trend. |
33.24
+0.22 (+0.67%)
WERNER ENTERPRISES INC / WERN FAQ
What is the technical rating for WERN stock?
ChartMill assigns a technical rating of 8 / 10 to WERN.
What is the trend direction for WERN stock?
The current trend direction for WERNER ENTERPRISES INC (WERN) is Bullish.
What is the RSI signal for WERNER ENTERPRISES INC (WERN) stock?
WERNER ENTERPRISES INC (WERN) has an RSI value of 73.1792. This indicates that the stock is currently overbought.
Can you provide the MACD signal for WERNER ENTERPRISES INC?
The MACD indicator for WERNER ENTERPRISES INC (WERN) has a value of 0.129729, indicating a bearish trend.
Can you provide the support and resistance levels for WERNER ENTERPRISES INC?
WERNER ENTERPRISES INC (WERN) has a support level at 31.56. Check the full technical report for our detailed analysis of WERN support and resistance levels.